SL Petrol: The black gold hunt receives some success

[AwRastaale]

Success has been received in the seismic surveys of some blocks in Saraar. Two phases have been completed.

[Maroodijex]

This will be a game a changer. Hopefully we have both the black stuff and the gas.

The future belongs to Gas. Look at Qatar, it is mainly exports Gas and Gas prices have doubled since 2010. While Oil prices have halved and will continue to drop as people move away from Oil and into other alternatives like Solar, Hydrogen etc.

Gas requires about 100x the investment money to get it to stage where one can export it as Liquified Gas. Whereas Oil is just dig it and ship.